Lee Enterprises, Incorporated (NYSE:LEE) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Having a price of $3.52, Lee Enterprises, Incorporated (NYSE:LEE) traded -8.59% lower on the day. With the last close up 43.67% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Lee Enterprises, Incorporated has recorded a 50-day average of $3.24 and a two hundred day average of $2.30. Volume of trade was up over the average, with 365,710 shares of LEE changing hands over the typical 265,978
Zacks Investment Research has downgraded Lee Enterprises, Incorporated (NYSE:LEE) to Hold in a statement released on Wednesday October 05, 2016.
With a total market value of $0, Lee Enterprises, Incorporated has price-earnings ratio of 4.02 with a one year low of $1.15 and a one year high of $3.92 .
More About Lee Enterprises, Incorporated (NYSE:LEE)
Lee Enterprises, Incorporated is a provider of local news and information, and a platform for advertising. The Company's products include approximately 50 daily and approximately 38 Sunday newspapers with print and digital subscribers. The Company offers approximately 300 weekly newspapers, and classified and niche publications. It also offers a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner ads and social networking. The Company provides digital marketing services to small and midsized businesses (SMBs), including search engine marketing (SEM), social media, audience extension, business profiles, and Website hosting and design. It offers paid and unpaid print and digital platforms. The Company's advertising and marketing services include Retail advertising, Classified advertising, National advertising, Digital advertising, Niche publications and Marketing services.
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